California § 12423 - If an insurer or surplus line broker fails to file a return, the commissioner may
Full text of California Public Contract Code - PCC § 12423 — If an insurer or surplus line broker fails to file a return, the commissioner may, with citation guidance and answers to common questions.
§ 12423. If an insurer or surplus line broker fails to file a return, the commissioner may
(a) If an insurer or surplus line broker fails to file a return, the commissioner may require a return by mailing notice to the insurer or surplus line broker to file a return by a specified date or he or she may without requiring a return, or upon no return having been filed pursuant to the demand therefor, make an estimate of the amount of tax due for the calendar year or years in respect to which the insurer or surplus line broker failed to file the return. The estimate shall be made from any available information which is in the commissionerâs possession or may come into his or her possession, and the commissioner shall propose, in writing, to the board a deficiency assessment for the amount of the estimated tax. The proposal shall set forth the basis of the estimate and the details of the computation of the tax. (b) This section shall become operative on July 1, 2013.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 12423
What does Public Contract Code - PCC § 12423 cover?
Section 12423 ("If an insurer or surplus line broker fails to file a return, the commissioner may") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 12423?
A common citation format is "Public Contract Code - PCC § 12423" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 12423 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.